Robinhood vs TD Ameritrade
Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to TD Ameritrade? Read our comparison chart below.
Robinhood offers $0 stock trades by cutting out physical offices and manual account management. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $5/month.
While TD Ameritrade offers $0 commission online stock, ETF, and option trades. This online broker also has more than 100 branch locations. There is no minimum deposit, no maintenance fee, and no inactivity fee.
Compare Robinhood with TD Ameritrade, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 | ||
 |  | |
Robinhood | TD Ameritrade | |
|---|---|---|
Get a Free Stock (worth between $5 and $200) - | Commission-Free Trading - Online Stock, ETF and Option Trades - | |
Benefits and Features | ||
| Stock Trading | $0 commission for online stock, ETF, and option trades | |
| Options Trading | ||
| Annual Fee | ||
| Cryptocurrency Trading |  | |
| Minimum Deposit | ||
| Mutual Fund Trading | Up to $49.95 or $74.95 for buys. $0 for sells | |
| Commission Free ETFs | All U.S. listed ETFs | |
| Phone Support | ||
| Live Chat Support | ||
| Email Support | ||
| Human Advisors | ||
| Robo Advisor | ||
| Assets Under Management | ||
| Penny Stocks | | |
| Tax Loss Harvesting | ||
| Goal Tracker | ||
| Automatic Deposits | ||
| Broker Assisted Trades | ||
| Customer Service | ||
| Good For | ||
| Inactivity Fee | ||
| Maintenance Fee | ||
| Online Platform | ||
| iPhone App | ||
| Android App | ||
| Banking | Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing. | |
| Mobile App | | |
| Desktop App | ||
| Two-Factor Authentication | ||
| Forex Trading | | |
| Futures Trading | $2.25 per contract (plus exchange & regulatory fees) | |
| Locations | More than 100 locations in 34 states | |
| Online Community | ||
| Seminars | ||
| Virtual Trading | Paper Trading to practice/test strategies and ideas. | |
| Fractional Shares | ||
| Taxable Accounts | ||
| 401k Plans | ||
| IRA Accounts | ||
| Roth IRA Accounts | ||
| SEP IRA Accounts | ||
| Trust Accounts | ||
| 529 Plans | ||
CreditDonkey® Reviews | ||
| ||
| Stock Trading |  |   |
| Options Trading | | |
| Minimum Deposit | | |
| Customer Service | | |
| Mobile App | | |
| Commissions and Fees | | |
| Ease of Use | | |
| Research | | |
| Banking | | |
| Online Community | | |
| Trading Platform | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Free way to trade stocks with limited bells and whistles... | Good online broker for long-term investors... |
| | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Robinhood: Pricing information from published websites as of 04/18/2020. TD Ameritrade: Pricing information from published website as of 07/18/2019. | ||
Commission-Free Options Investing
Robinhood offers commission-free and no monthly fee options trading.
Which is Better: Robinhood or TD Ameritrade?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Robinhood or eToro.
In short: Robinhood's stock trading and commissions and fees are impressive. TD Ameritrade's mobile app and research are impressive.
Articles on Robinhood
Robinhood Review
Robinhood Alternatives
Buy Bitcoin on Robinhood or Coinbase Pro
Articles on TD Ameritrade
TD Ameritrade Review
TD Ameritrade Customer Service
Which Do You Think is Best?
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